Honda Civic 94 Hatchback ricer question.for racing and tuning!?

Here is the deal i want to buy a Civic which costs around 900$(Northern europe) it has 1.6L SOHC VTEC 123 HP. Now the fun part starts.Firstly i want to upgrade it's engine.I think the first thing would be to buy a turbo.Here are my questions and i would appreciate the person who would write me a great answer so i could understand,not just a few words.

first Q is wheter the first thing to do is to buy the turbo?

Secondly i really want the engine tuning to be cheap at the start,what are the cheap modifiations that would boost my cars performance?

Thirdly,could you bring up a small list of modifications that is needed at the start to build up?

Please help me..
 
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